DoorDash CEO’s Pay Package Latest to Raise Eyebrows
The 2020 pay package of DoorDash CEO Tony Xu far exceeded that of most S&P 500 CEOs. However, it’s not the only one to raise eyebrows. In fact, CEO compensation rose to an average $15.3 million …
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As Retail Spending Rises, Target Growth Rates Best Walmart
Big-box retailers have reported surprisingly strong first-quarter results as consumers – with more money from stimulus checks and rising optimism about a return to normal life – spent more in-store and online as COVID-19 cases fell and vaccination rates increased. And, while Walmart posted sector-leading earnings that surged past Wall Street estimates …
‘Revenge Spending’ the Latest Trend Driving Earnings
Walmart recently posted strong quarterly sales growth and boosted its profit outlook, as comparable sales increased 6% for U.S. stores, excluding fuel, according to Bloomberg (May 18). The retailer attributed the strong performance to a …
Pet Adoption, Food Sales Grow as Birth Rate Slips
Birth rates fell for the sixth consecutive year to the lowest levels since 1979, according to the CDC. The number of births in the U.S. declined last year by 4% from 2019, double the average annual …
Next competitive group of job applicants? Those with criminal records
Competition for workers is intensifying with President Biden raising the federal contractor minimum wage to $15 an hour, Amazon, which already pays a minimum wage of $15 an hour, awarding increases of as much as …
Millennial Brand Favorites Revealed in New Survey
Millennials’ favorite food and beverage brands in 2021 highlight a taste for convenience, comfort, and quality with a focus on affordability. The popularity of private labels and non-traditional retailer formats are also on the rise. …
Amazon, Walmart Taking Different Approaches on Retail Technology
Amazon-owned grocery stores are poised for a technology upgrade, specifically in checkout. AUTOMATION Amazon is bringing automated checkout technology to full-size supermarkets, reported Bloomberg (April 22). Planning documents for a store under construction in Brookfield, …
A Closer Look at Gen Z’s Eating and Shopping Habits
Food is Gen Z’s No. 1 wallet priority at 23%, according to Piper Sandler’s annual Taking Stock with Teens survey. The survey highlights discretionary spending trends and brand preferences from 7,000 teens across 47 U.S. …
What’s In-Store for Walmart? New QSR Partners
Breaking up is hard to do, but Walmart and McDonald’s seem to have made the split on decent terms. McDonald’s recently announced plans to shutter hundreds of its locations positioned within Walmart stores. After the …
Walmart, Kroger and Other Retailers Continue to Innovate
Walmart is tapping automation to help its store fleet handle last-mile grocery delivery, adding local fulfillment centers (LFCs) that will turn parts of them into mini warehouses and speed up fulfillment for local customers. The …
Earnings Update: Walmart and Ahold Delhaize Post Strong Quarterly Sales
WALMART Walmart beat expectations for same-store sales growth, as an early start to the holiday season and a boost from stimulus money late in the fourth quarter drove demand for electronics, toys and groceries, reported …
Walmart Sharing Shopper Data with Brands as Part of New Advertising Strategy
Several food retailers are revamping their advertising businesses and appear to be modeling their approach after companies like Google and Amazon. Walmart is the latest to do so, which could have far-reaching business implications. The …
In-Store COVID-19 Vaccination Efforts Prepped by Drugstores, Grocers
Despite reaching a sobering coronavirus milestone earlier this week, U.S. drug stores and grocers are increasingly optimistic that they will be able to support in-store COVID-19 vaccination efforts as supplies become available at their stores. …
Restaurants Combining with Retail Stores to Drum up Sales
As COVID-19 continues to dampen sales at restaurants, some are trying a new strategy by opening in retail stores, which have profited from the pandemic. Hy-Vee Inc. is preparing to open its 20th Wahlburgers at …
Walmart is Shedding Global Operations, Focusing on Digital
Walmart has recently made business moves that indicate it’s shifting its focus from international markets to digital operations. International Divestures In 2018, Walmart sold an 80% stake in its Brazilian operations to a global profit …
As COVID-19 Cases Rise, How are Grocers Helping with Testing?
As COVID-19 cases rise across the U.S., grocery stores are doing their part to ramp up testing. The Kroger Co., Walmart, Albertsons, Safeway, and Hy-Vee are among the grocers offering different options for testing, with …
Walmart and Ocado Make Opposing Moves with Robots
Walmart decided to stop using robots that move through the aisles checking inventory levels and prices after seeing the results from about 500 stores. In January, the retailer announced plans to expand use of the …
Walmart Sells Majority Stake in Asda
Walmart sold a majority stake in Asda to a consortium that includes brothers Zuber and Mohsin Issa and the private equity firm TDR Capital in a deal that values the supermarket chain at about $8.8 …
Major Food Companies Aim to Reduce Emissions
Several food companies are looking to set a good example for the industry by creating eco-friendly initiatives to become more sustainable—particularly when it comes to emissions. Walmart Big retailer Walmart is aiming for zero emissions …
Why is Big Business Interested in TikTok?
TikTok, a platform where some 50 million U.S. daily users share short-form videos, has been receiving attention in the media as the Chinese-owned company searches for a U.S. buyer. The app is not only a …
Walmart Debuts Subscription Service, Amazon Gets Drone Approval
Retailers are developing new strategies in an effort to one up each other in the battle for delivery advantage. Walmart will launch Walmart+, a membership service that could help it better compete with Amazon Prime. …
Retailers Disrupt Milk Processing Industry
Food Institute Focus – Retailers Disrupt Milk Processing Industry
Shifting Back to Sustainability
Food Institute Focus – Shifting Back to Sustainability
Walmart’s Latest Selling and Spending Activities
Food Institute Focus – Walmart’s Latest Selling and Spending Activities
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Food Businesses are on Frontlines of Mask Debate
Food Institute Focus – Food Businesses are on Frontlines of Mask Debate
Walmart Launches an Amazon Prime Competitor
Food Institute Focus – Walmart Launches an Amazon Prime Competitor
Walmart Accelerates E-Commerce Business
Food Institute Focus – Walmart Accelerates E-Commerce Business
Food Institute Report
Walmart Achieves Sales Increase in First Quarter
Food Institute Focus – Walmart Achieves Sales Increase in First Quarter
Profits Before Health?
Food Institute Focus – Profits Before Health
Going the ‘Extra’ Last Mile for Deliveries
As delivery becomes more crucial in business, companies are always innovating to find the ideal way to complete the last mile. Amazon Prime’s free and fast shipping set the bar for the industry. During the …
Amazon & Walmart Connect with Consumers on Emotional Level
Food Institute Focus – Amazon & Walmart Connect with Consumers on Emotional Level
Walmart and Kroger Undergo Redesigns
Food Institute Focus – Walmart and Kroger Undergo Redesigns